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Semiconductors M&A image Semiconductors M&A » By The Online Investor Staff, updated Sun., Apr. 11, 9:08 AM Recent mergers and acquisitions in the Semiconductors M&A category.

Slide #43. InvenSense Analog Devices Microphone Product Line

Acquirer: InvenSense (INVN)
Acquiree: Analog Devices Microphone Product Line (ADI)
Details: Analog Devices, Inc. (NASDAQ:ADI) today announced that it has signed a definitive agreement to sell the assets of its microphone product line to InvenSense, Inc. (NYSE:INVN). InvenSense will acquire the assets related to analog and digital output microphones, as well as certain support operations, for $100 million in cash. These microphones were primarily used in consumer applications and are expected to represent less than one percent of ADI's total revenue in the fourth quarter of fiscal year 2013, which ends November 2, 2013.

InvenSense designs, develops, markets and sells sensor systems on a chip, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial, and automotive market segments. Co. delivers solutions based on its motion and sound technology, targeting solutions such as: smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys and other household consumer and industrial devices.

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InvenSense designs, develops, markets and sells sensor systems on a chip, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial, and automotive market segments. Co. delivers solutions based on its motion and sound technology, targeting solutions such as: smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys and other household consumer and industrial devices.

Open the ADI Page at The Online Investor »

Company Name: 
InvenSense Inc
Website: 
www.invensense.com
Sector: 
Semiconductors
Company Name: 
Analog Devices Inc
Stock buyback: 
ADI buyback
Website: 
www.analog.com
Sector: 
Semiconductors
Number of ETFs Holding ADI: 
118
Total Market Value Held by ETFs: 
$8.19B
Total Market Capitalization: 
$58.82B
% of Market Cap. Held by ETFs: 
13.92%
 

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